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Why ExxonMobil Stock Is Slipping Today

The Motley Fool
Summary
Nutrition label

65% Informative

ExxonMobil shares were down 3.1% as of 11:50 a.m. ET Tuesday , wiping out all of their gains and some from the previous day .

Crude oil prices tumbled Tuesday morning after OPEC cut its global oil demand forecast for 2024 .

OPEC also revised its forecast for oil demand for 2025 .

ExxonMobil has reportedly pulled out of a race to buy a stake in a promising oil discovery in Namibia .

VR Score

47

Informative language

35

Neutral language

29

Article tone

semi-formal

Language

English

Language complexity

38

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

7

https://www.fool.com/investing/2024/09/10/why-exxonmobil-stock-is-slipping-today/?utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=36f444f5-0069-4e79-8f02-7dfc2be32568https://www.fool.com/author/2132/https://www.fool.com/legal/fool-disclosure-policy/https://www.fool.com/terms/o/opec/?utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=36f444f5-0069-4e79-8f02-7dfc2be32568https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=c2b8f13c-d020-4a16-b516-6933ff37d207&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-foolcom-sa-bbn-dyn%3Faid%3D10993%26source%3Disaeditxt0010951%26ftm_cam%3Dsa-bbn-evergreen%26ftm_pit%3D16425%26ftm_veh%3Darticle_pitch_feed_yahoo%26company%3DExxonMobil&utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=36f444f5-0069-4e79-8f02-7dfc2be32568https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=c2b8f13c-d020-4a16-b516-6933ff37d207&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-foolcom-sa-bbn-dyn%3Faid%3D10993%26source%3Disaeditxt0010951%26ftm_cam%3Dsa-bbn-evergreen%26ftm_veh%3Darticle_pitch_feed_yahoo%26ftm_pit%3D16425&utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=36f444f5-0069-4e79-8f02-7dfc2be32568https://www.fool.com/investing/2024/07/23/want-1000-dividend-how-invest-exxonmobil-stock/?utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=36f444f5-0069-4e79-8f02-7dfc2be32568

Source diversity

2

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